Aminata, 34 years old, is standing at the right with her hand raised in the photo. She is a married mother of five children (2 boys and 3 girls). With this loan, she intends to bolster her shop. She is purchasing 10 bags of powdered milk and 2 bags of powdered sugar that she is going to sell retail. She is also purchasing a barrel of millet for 20,000 francs to make 'thiacri' which she is going to sell.
With the profits, she helps to care for the children and improve day-to-day family life. The profits will also enable her to pay the loan interest and to grow her savings.
Aminata, âgée de 34 ans, debout à droite de la photo et levant la main, est mariée et mère de 05 enfants dont 02 garçons et 03 filles.
Avec le prêt, elle compte renforcer son échoppe. Elle achète 10 sacs de lait en poudre, 02 sacs de sucre en poudre qu'elle va revendre au détail. Elle achète aussi une barrique de mil à 20000 F pour confectionner du thiacri, qu'elle va revendre.
Avec les bénéfices générés, elle contribue à l'entretien des enfants et améliore le quotidien de la famille. Les bénéfices lui permettent aussi de payer ses intérêts et de renflouer son épargne.
Les trois femmes en médaillons étaient absentes lors de la prise de la photo.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid